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621 King Philip St Fall River MA 02724
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Multi-family
$ 1,390,000
- MLS #: 72982701
- Date added: 05/25/22
- Post Updated: 2022-05-25 06:15:27
- Type: 5+ Family – 5+ Units Up/Down
- Bedrooms: 16
- NO_FULL_BATHS: 11
- Status: Active
- Floors: 2
- Year built: 1900
- Area: 7600.00 sq ft
- Lot size: 12589.00 sq ft
Description
Invest in Fall River! With not just one, but TWO professionally managed houses on ONE lot, these are RARE – 11 UNITS. Protect your investment and keep the current management team in place. The recently renovated 621 King Philip St is a five unit building with four 1 bed/1 bath units and a 2 bed/1 bath “townhouse” style apartment. Completely updated from top to bottom, these units feel fresh and airy from every angle. On the left, 631 King Philip St is a six unit building with four 2 bed/1 bath units and two 1 bed/1 bath units inside. In the basement, tenants also have access to storage and coin-op laundry. Behind both buildings you’ll see a yard area, a 10 car parking lot, and a garage bringing $150/month (inc. in 621 3E Rent). In total, both buildings produce ~$11,525.00 from rent collection and an additional $300 or so a month from the laundry coin ops. Both roofs were replaced last year as well. Turn key and cash flowing on day 1…just collect your ROI.
Rooms&Units Description
- NO_UNITS: 11
- LEVELS_1: 3
- FLRS_1: 1
- BEDRMS_1: 6
- F_BTHS_1: 5
- RMS_1: 30
- LEASE_1: N
- RENT1: 5950
- LEVELS_2: 3
- FLRS_2: 1
- BEDRMS_2: 9
- F_BTHS_2: 6
- RMS_2: 30
- LEASE_2: N
- RENT2: 5575
- TOTAL_ROOMS: 60
- NO_ROOMS: 60 60
View on map / Neighborhood
Location Details
- COUNTY: Bristol
- DIRECTION: South Main to King Philip
- ZONING: A-3
Property Details
- PARCEL_NUMBER: M:0B-10 B:0000 L:0030
- LOT_DESCRIPTION: Paved Drive
- TOTAL_LEVELS: 6
- LEVELS: Three Or More
- ACRE: 0.29
- LIST_PRICE_PER_SQFT: 182.89
- SQUARE_FEET_DISCLOSURES: APPROXIMATE LIVING AREA, BUYER TO VERIFY. TAX CARD IS UNCLEAR.
- ASSESSMENTS: 654800.00
Property Features
- EXTERIOR: Vinyl
- ROAD_TYPE: Public
- COLOR: White
- ROOF_MATERIAL: Asphalt/Fiberglass Shingles
- BASEMENT: Yes
- BASEMENT_FEATURE: Full
- FOUNDATION: Fieldstone,Granite
- HOT_WATER: Natural Gas,Tank,Tankless
- ELECTRIC_FEATURE: Circuit Breakers,Individually Metered
- GARAGE_SPACES: 1
- PARKING_SPACES: 10
- PARKING_FEATURE: Off-Street
- SEWER: City/Town Sewer
- WATER: City/Town Water
- WATERFRONT_FLAG: No
- WATERVIEW_FLAG: No
- BEACHFRONT_FLAG: No
Fees&Taxes
- TAX_YEAR: 2022
- TAXES: $ 8,264
Miscellaneous
- LENDER_OWNED: No
- DISCLOSURES: Must close on or after 7/17/22.
This 5+ Family – 5+ Units Up/Down style property is located in is currently Multi-family and has been listed on Hartley Realty Group. This property is listed at $ 1,390,000. It has 16 beds bedrooms, bathrooms, and is 7600.00 sq ft. The property was built in 1900 year.
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